Average Income with MBA in India

MBA / PGDM, Duration - 2 Years

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A Masters in Business Administration is one of the most sought after career paths in the country at present. Even though it requires great amounts of time and effort, the benefits acquired are worth every ounce of dedication poured into receiving an MBA degree. Having an MBA degree opens doors to numerous opportunities in various different fields. 

This article focuses on the monetary benefit of doing an MBA and provides you with a layout of what an individual’s salary after pursuing an MBA degree might look like. 

Average salary Overview

If the reports are to be believed the average salary an MBA graduate gets is INR 4,51,096. This number can and does vary depending on specific factors including previous work experience, job roles, company specialization, location as well as the reputation of the institution. The average salary per month can vary between INR 90,000 to 1 lakh per month. On an average the highest paying jobs after MBA offers a salary of INR 32,00,000 per annum.

Factors that affect the salary.

  • B- School Reputation : B- schools fall in different tiers. Schools in Tier 1 have a better reputation than Tier 2,3,4 and 5. Due to this reputation the ones who do their MBA degree from Tier 1 School get a better salary package as compared to the ones who receive it from Tier 2,3,4 and 5.
  • Work Experience: No. of years of work experience that you have is also an important factor. Those who have some level of work experience might get a preference in higher salaried jobs as compared to others. This is so because many companies prefer to hire those who have prior work experience as it is easier to train them in a new environment.
  • Skills and Specialization: Those with skills such as data analytics or bioscience may get a higher salary as fewer candidates have these expertise. Moreover, managers prefer to hire those candidates with problem solving, critical thinking, and conflict resolution skills. 

Some of the highest paying MBA specializations are:

  • Supply Chain Management 
  • Accounting & Finance 
  • Operations Management 
  • International business 
  • Sales & Marketing 

A breakdown of different pays on the basis of different specializations according to the data collected from Payscale 2025 is given below: 

Accounting & Finance 

Job 

Salary 

Accountant 

INR 3,18,266

Accountant Executive 

INR 3,63,815

Financial Analyst 

INR 5,69,508

Account Manager 

INR 6,30,620

Finance Manager 

INR 10,63,411

Supply Chain Management 

Job

Salary 

Business development Manager 

INR 12,42,516

Business Process Consultant 

INR 9,30,950 

Operations Manager 

INR 10,59, 679

Purchasing Manager 

INR 11,63,334

Supply Chain Manager 

INR 11,67,892 

Operations Management

Job 

Salary 

Business Analyst, IT

INR 7,94,447

Operations Manager 

INR 8,65,481

Project Manager 

INR 12,30,433

General Manager 

INR 16,63,530 

International Business

Jobs 

Salary 

Business Development Associate 

INR 5,38,706

Team lead, operations 

INR 7,55,723

Logistics manager 

INR 10,45,904

Assistant General Manager 

INR 17,65,323

IT director 

INR 45, 91,258

Sales & Marketing 

Jobs 

Salary 

Area Sales Manager 

INR 8,04,439

Digital marketing manager 

INR 8,97,637

Business Development manager

INR 8,74,554

Marketing manager 

INR 9,79,984

Regional Sales manager 

INR 14,69,521

Financial Management 

Jobs 

Salary

Financial consultant

INR 8,65,930

Finance manager 

INR 10,37,342

ERP consultant

INR 13,57,766

IT project manager 

INR 17,08,356

Senior finance manager 

INR 22,58,288

Finance & Banking 

Jobs 

Salary 

Relationship manager 

INR 4,43,068

Credit manager 

INR 8,50,682

SAP consultant 

INR 8,89,398

Credit risk manager 

INR 14,11,496

Assistant vice president of corporate banking 

INR 19,29,933

Retail Management 

Jobs 

Salary

Retail store manager 

INR 5,97,787

Procurement manager 

INR 7,60,854

Purchasing manager 

INR 9,29,644 

Retail area manager 

INR 11,90,619

Senior marketing manager

INR 16,94,077

A complete breakdown of salaries on the basis of job location is given below:

Job 

Ahmedabad

Mumbai

Delhi  

Kolkata 

Regional Sales Manager 

INR 12,63,622

INR 19,11,185

INR 20,25,469

INR 17,57,120

IT Project Manager

INR 10,45,000

INR 16,58,754

INR 18,37,605

 

INR 18,45,517

 

Purchasing Manager 

INR 8,28,537

INR 10,00,023

INR 9,39,834

INR 8,30,000

Operations Manager 

INR 8,81,674

INR 10,40,000

INR 8,55,595

INR 9,11,129

General Manager 

INR 29,75,068

INR 35,96,290

INR 33,37,346

INR 30,15,898

A list of some of the high paying jobs which require an MBA are listed below with their respective salaries: 

Jobs 

Salary 

Data Analyst 

INR 4,00,000 to INR 9,00,000 per year 

Investment banker 

INR 9,00,000 to INR 38,00,000 per year 

Business Analyst 

INR 6,00,000 to INR 38,00,000 per year 

VP of operations

INR 28,00,000 to INR 59,00,000 per year 

Business development manager 

INR 6,00,000 to INR 16,00,000 per year 

Salaries on the basis of B- schools and IIMs given below: 

On the basis of IIMs

IIM

Highest Salary 

Average Salary

Ahmedabad

 

55.88

 

 

26.13

Bangalore

32.10

26.18

Calcutta 

29

Lucknow

51

26

Kohzhikode

46.88

22.50

Indore

41.50

23.60

Shillong 

32

19.17

Rohtak 

22.80

13.74

Ranchi

MBA – 22.37

MBA HR – 26.50

MBA – 22.37

MBA HR – 26.50

Kashipur

28.12

15.20

Udaipur 

25

14.96

Nagpur 

45

13.82

Visakhapatnam

40

13.84

Bodh Gaya

19.20

13.12

Amritsar

27

13.08

Sirmaur

26

11.28

Sambalpur 

18.92

11.61

Jammu

24.50

10.64

B- Schools 

Institution

Starting Salary

FMS Delhi 

INR 21.1 Lakh 

MDI Gurgaon 

INR 19.17 Lakh 

XLRI Jamshedpur

INR 20. 1 Lakh 

SPJIMR Mumbai 

INR 22.1 Lakh 

JBIMS Mumbai 

INR 18.91 Lakh 

IIFT Delhi

INR 18.27 Lakh 

With international businesses flocking India due to its customer base the demand for MBAs to lead & manage various business functions is on rise. The actual earnings depend on an individual’s skills, experience, expertise and ability to contribute to an organisation’s growth. Ultimately an MBA can enhance your career prospects and earnings. 

 

Top Recruiters

Coca Cola Coca Cola
Adobe Adobe
Dell Dell
3i infotech 3i infotech
3M 3M
Amazon Amazon
American Express American Express
Bank of America Bank of America
Cognizant Cognizant
Citigroup Citigroup
Cisco Cisco
Central bank of india Central bank of india
Cadbury Cadbury
Boston Consulting Group Boston Consulting Group
Boston Analytics Boston Analytics
booz and company booz and company
atkearney atkearney
axis bank axis bank
Bank of Baroda Bank of Baroda
Bank of  India Bank of India
barclays capital barclays capital
Continuum Solutions Continuum Solutions
Cushman and Wakefield Cushman and Wakefield
Deloitte Deloitte
D. E. Shaw India Software Private Limited D. E. Shaw India Software Private Limited
Deutsche Bank Deutsche Bank
Dr.Reddy’s Laboratories Ltd Dr.Reddy’s Laboratories Ltd
Emami Limited Emami Limited
escorts escorts
essar group essar group
evalueserve evalueserve
eveready eveready
Futures First Futures First
Ge Capital Ge Capital
General Motors General Motors
godfrey philips india godfrey philips india
goldman sachs goldman sachs
grail research grail research
Hindustan Aeronautics Limited (HAL) Hindustan Aeronautics Limited (HAL)
Hindustan Unilever Limited Hindustan Unilever Limited
Hewlett-Packard (HP) Hewlett-Packard (HP)
HPCL HPCL
hughes communication hughes communication
IBM IBM
ICICI Bank ICICI Bank
ici india ici india
imrb imrb
inductis inductis
infosys infosys
ING Vysya Bank ING Vysya Bank

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